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1060 Logan St 31 Unit Apartment Building $4,000,000 ($129,032/Unit) Denver, CO 80203
INVESTMENT HIGHLIGHTS
- Full 100 Amp Electrical Update Completed in 2021
- Fully Renovated Common Areas
- Low-Maintenance Property with New Vinyl Windows
- Stunning Vintage Apartments Recently Renovated
- Steps to Downtown, The Capitol Building & an Array of Restaurants
EXECUTIVE SUMMARY
The Tiffany represents an exceptional opportunity for passive investors looking for a low maintenance property with predictable cash flow. Located just blocks away from Denver’s Central Business District and the iconic State Capitol, this property’s location also offers unparalleled access to the city’s vibrant cultural scene, dining establishments, and recreational activities, and makes it a highly desirable home for tenants and a lucrative investment for owners.
This remarkable property has undergone extensive renovation over the past four years, transforming it into a modern and inviting space that is ideal for generating predictable cash flow with minimal management hassle.
Each of the 31 units has been meticulously renovated, featuring refinished original hardwood flooring that preserves the building’s historical charm alongside contemporary upgrades. The brand-new kitchens are equipped with quartz countertops and stainless-steel appliances, providing a sleek and modern aesthetic that appeals to today’s renters. The fully renovated bathrooms deliver a luxurious touch, combining both style and functionality to create an inviting living space.
Other upgrades at The Tiffany include newly refreshed common areas, with renovated hallways and laundry facilities that enhance the overall charm and functionality of the building. Additionally, modern amenities such as the installation of vinyl windows and new 100 amp electrical panels ensure energy efficiency and reliability, while promoting tenant satisfaction and reducing maintenance costs.
The Tiffany stands as a model of contemporary living infused with classic elegance, making it a standout investment opportunity in the heart of Denver.
This remarkable property has undergone extensive renovation over the past four years, transforming it into a modern and inviting space that is ideal for generating predictable cash flow with minimal management hassle.
Each of the 31 units has been meticulously renovated, featuring refinished original hardwood flooring that preserves the building’s historical charm alongside contemporary upgrades. The brand-new kitchens are equipped with quartz countertops and stainless-steel appliances, providing a sleek and modern aesthetic that appeals to today’s renters. The fully renovated bathrooms deliver a luxurious touch, combining both style and functionality to create an inviting living space.
Other upgrades at The Tiffany include newly refreshed common areas, with renovated hallways and laundry facilities that enhance the overall charm and functionality of the building. Additionally, modern amenities such as the installation of vinyl windows and new 100 amp electrical panels ensure energy efficiency and reliability, while promoting tenant satisfaction and reducing maintenance costs.
The Tiffany stands as a model of contemporary living infused with classic elegance, making it a standout investment opportunity in the heart of Denver.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$354,749
|
$28.24
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$354,749
|
$28.24
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $354,749 |
| Annual Per SF | $28.24 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $354,749 |
| Annual Per SF | $28.24 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $4,000,000 | Building Class | C |
| Price Per Unit | $129,032 | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 12,562 SF |
| No. Units | 31 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | Parking Ratio | 0.32/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | G-MU-5 | ||
| Price | $4,000,000 |
| Price Per Unit | $129,032 |
| Sale Type | Investment |
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 12,562 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Parking Ratio | 0.32/1,000 SF |
| Zoning | G-MU-5 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 29 | - | 319 |
| 1+1 | 2 | - | 680 |
1 1
Walk Score®
Walker's Paradise (95)
Bike Score®
Biker's Paradise (98)
PROPERTY TAXES
| Parcel Number | 5038-04-002 | Improvements Assessment | $349,210 (2024) |
| Land Assessment | $38,200 (2024) | Total Assessment | $387,410 (2024) |
PROPERTY TAXES
Parcel Number
5038-04-002
Land Assessment
$38,200 (2024)
Improvements Assessment
$349,210 (2024)
Total Assessment
$387,410 (2024)
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1060 Logan St
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